Answer: Risk averse
Explanation:
A person with a diminishing marginal utility of income will derive less utility from income as income increases. A risk averse person is one who would rather avoid risk but still prefers a high income.
Such a person will have a diminishing marginal utility in income because income increases more when there is more risk. A risk averse person does not want that risk and so will go for a lower income which means that they don't want more income as it is riskier to them.
Answer:
Moral imagination.
Explanation:
Moral imagination is an act of exploring the various likely impact of a new decision in order address potential ethical issues.It assists an individual to see beyond a laid down rule and standards and ethical values will not be violated.
It entails being initiative to develop new morally upright ideas , knowledge and actions outside the regular ethical principles.
Every human being posses moral imagination to a certain degree but its has to be developed before it can be of ethical contribution.
Answer:
The only person liable for the goods purchased is Alex because he was the person that made the purchases.
Explanation:
Alex is to be held liable because he was authorized to make the purchase. A single member of an unincorporated association is liable for the debts of the organization if they are given authorization to execute a specific act which is seen in this case here.
Answer: $63.25
Explanation:
Total Cost = Prime cost + Machining Cost + Setup Cost
= $400,000 + (2500 × 50) + (1800 × 130)
= $400,000 + $125,000 + $234,000
= $759,000
Units = 12,000
unit cost of a cell phone:
= $63.25
The correct answer that would best complete the given statement above would be option A. MARKETING. In the MARKETING era, <span>many companies adopted the philosophy that consumer satisfaction should be the central focus of the entire organization. Hope this answer helps. </span>